Photonic Sensors Market to Reach $94.26 Bn, Globally, by 2030 at 16.8% CAGR

Drivers, restraints, and opportunities Need for improve safety & security solutions, surge in wireless sensing solutions, and enhanced alternatives for conventional technology have boosted the growth of the global photonic sensors market. However, high initial investment hinders the market growth. On the contrary, rise in number of smart industries and surge in adoption of photonics …

Eddy Current Testing Market to Garner $2.3 Bn, Globally, by 2030 at 9.5% CAGR

Major determinants of the market growth Increase in safety regulations by governments and advancements in the new ECT technology drive the global eddy current testing market. However, dearth of skilled and quality workforce hinders the market growth. On the contrary, surge in outsourcing of services and infrastructural developments in developing countries would open new opportunities …